# ZhenFund Portfolio Map 2026: 117 Startups by Sector

> ZhenFund's portfolio mapped: 117 startups it has backed, in 12 sectors from AI, Edtech and Consumer Apps on.

Source: https://millionrounds.com/portfolio-maps/zhenfund-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## AI

22

- [Cornerstone Robotics](https://millionrounds.com/company/cornerstone-robotics)
- [Enflame](https://millionrounds.com/company/enflame)
- [Moffett AI](https://millionrounds.com/company/moffett-ai)
- [Xbiome](https://millionrounds.com/company/xbiome)
- [Advance Intelligence Group](https://millionrounds.com/company/advance-intelligence-group)
- [*MA* Manus AI](https://millionrounds.com/company/manus-ai)
- [Validere](https://millionrounds.com/company/validere)
- [HPC-AI Technology](https://millionrounds.com/company/hpc-ai-technology)
- [Osaro](https://millionrounds.com/company/osaro)
- [Deep Intelligent Pharma](https://millionrounds.com/company/deep-intelligent-pharma)
- [HistoWiz](https://millionrounds.com/company/histowiz)
- [Raven Tech](https://millionrounds.com/company/raven-tech)
- [*S* Synyi](https://millionrounds.com/company/synyi)
- [Persephone Biosciences](https://millionrounds.com/company/persephone-biosciences)
- [Pollo AI](https://millionrounds.com/company/pollo-ai)
- [Syrius Robotics](https://millionrounds.com/company/syrius-robotics)
- [Polarr](https://millionrounds.com/company/polarr)
- [Graviti](https://millionrounds.com/company/graviti)
- [*S* Silot](https://millionrounds.com/company/silot)
- [MioTech](https://millionrounds.com/company/miotech)
- [Spring Discovery](https://millionrounds.com/company/spring-discovery)
- [ChatCut](https://millionrounds.com/company/chatcut)

## Edtech

15

- [*Z* Zhangtongjiayuan](https://millionrounds.com/company/zhangtong-jiayuan)
- [Duia](https://millionrounds.com/company/duia)
- [*XE* Xiaoyang Edu](https://millionrounds.com/company/xiaoyang-edu)
- [Securly](https://millionrounds.com/company/securly)
- [Koala Reading](https://millionrounds.com/company/koala-reading)
- [Magic Ears](https://millionrounds.com/company/magic-ears)
- [Best Learning English](https://millionrounds.com/company/best-learning-english)
- [Minerva Project](https://millionrounds.com/company/minerva-project)
- [wyzc.com](https://millionrounds.com/company/wyzc-com)
- [Liuyi Jiaoyu](https://millionrounds.com/company/liuyi-jiaoyu)
- [Vidcode](https://millionrounds.com/company/vidcode)
- [*T* TOPKID](https://millionrounds.com/company/topkid)
- [*C* ChineseSkill](https://millionrounds.com/company/chineseskill)
- [Chazuo Xueyuan](https://millionrounds.com/company/chazuo-xueyuan)
- [GitChat](https://millionrounds.com/company/gitchat)

## Consumer Apps

13

- [*LS* Luoji Siwei](https://millionrounds.com/company/luoji-siwei)
- [*LL* Loji Logistics](https://millionrounds.com/company/loji-logistics)
- [Laiye](https://millionrounds.com/company/laiye)
- [Apricot Forest](https://millionrounds.com/company/apricot-forest)
- [*L* LOOK](https://millionrounds.com/company/look)
- [Delectable](https://millionrounds.com/company/delectable)
- [Habby](https://millionrounds.com/company/habby)
- [Xiaodaka](https://millionrounds.com/company/xiaodaka)
- [Swivl](https://millionrounds.com/company/swivl)
- [XCharge](https://millionrounds.com/company/xcharge)
- [Virtroid](https://millionrounds.com/company/virtroid)
- [Microvcard](https://millionrounds.com/company/microvcard)
- [Xingshi](https://millionrounds.com/company/xingshi)

## Internet

12

- [Club Factory](https://millionrounds.com/company/club-factory)
- [*X* Xiaoqule](https://millionrounds.com/company/xiaoqule)
- [TOGO](https://millionrounds.com/company/togo)
- [*TG* The Good Stuff](https://millionrounds.com/company/the-good-stuff)
- [*X* Xiangwushuo](https://millionrounds.com/company/xiangwushuo)
- [*FW* Ferris Wheel Ticketing](https://millionrounds.com/company/ferris-wheel-ticketing)
- [Ergeng](https://millionrounds.com/company/ergeng)
- [Kapwing](https://millionrounds.com/company/kapwing)
- [Talkray](https://millionrounds.com/company/talkray)
- [*BF* Boom Fantasy](https://millionrounds.com/company/boom-fantasy)
- [Hyperknow](https://millionrounds.com/company/hyperknow)
- [VFine Music](https://millionrounds.com/company/vfine-music)

## IT Services

10

- [Menusifu](https://millionrounds.com/company/menusifu)
- [Meican](https://millionrounds.com/company/meican)
- [Moying Robotics](https://millionrounds.com/company/moying-robotics)
- [ImageDT](https://millionrounds.com/company/imagedt)
- [Leiphone.com](https://millionrounds.com/company/leiphone-com)
- [Yongan Online](https://millionrounds.com/company/yongan-online)
- [MailTime](https://millionrounds.com/company/mailtime)
- [*DB* DIYI BOX](https://millionrounds.com/company/diyi-box)
- [*F* FUXK](https://millionrounds.com/company/fuxk)
- [*PL* Peak Labs](https://millionrounds.com/company/peak-labs)

## E-commerce

9

- [Xiaohongshu](https://millionrounds.com/company/xiaohongshu)
- [*I* Inagora](https://millionrounds.com/company/inagora)
- [*S* Snowplus](https://millionrounds.com/company/snowplus)
- [Hugepod](https://millionrounds.com/company/hugepod)
- [Kuanduoduo](https://millionrounds.com/company/kuanduoduo)
- [*F* Fuliaoyi](https://millionrounds.com/company/fuliaoyi)
- [*D* Dahezi](https://millionrounds.com/company/dahezi)
- [*CX* Chaoneng Xiaohei](https://millionrounds.com/company/chaoneng-xiaohei)
- [*GL* Garden Lis](https://millionrounds.com/company/garden-lis)

## Entertainment

7

- [CastBox](https://millionrounds.com/company/castbox)
- [*SL* Shanghai Lihuh Network Technology](https://millionrounds.com/company/shanghai-lihuh-network-technology)
- [BOLO](https://millionrounds.com/company/bolo)
- [ahaschool](https://millionrounds.com/company/ahaschool)
- [Prizeo](https://millionrounds.com/company/prizeo)
- [*S* Startor](https://millionrounds.com/company/startor)
- [*DK* Dawei Keji](https://millionrounds.com/company/dawei-keji)

## Fintech

7

- [*A* Advance.ai](https://millionrounds.com/company/advance-ai)
- [*TB* Tiger Brokers](https://millionrounds.com/company/tiger-brokers)
- [*9* 91duobaoyu.com](https://millionrounds.com/company/91duobaoyu-com)
- [Republic](https://millionrounds.com/company/republic)
- [iPeakoin](https://millionrounds.com/company/ipeakoin)
- [Citcon](https://millionrounds.com/company/citcon)
- [TransferEasy](https://millionrounds.com/company/transfereasy)

## Biotech

7

- [*S* SpeeDx](https://millionrounds.com/company/speedx)
- [*1S* 12 Sigma](https://millionrounds.com/company/12-sigma)
- [Redesign Science](https://millionrounds.com/company/redesign-science)
- [Delonix Bioworks](https://millionrounds.com/company/delonix-bioworks)
- [Abc clinic butler](https://millionrounds.com/company/abc-clinic-butler)
- [Meliora Therapeutics](https://millionrounds.com/company/meliora-therapeutics)
- [Salus BioMed](https://millionrounds.com/company/salus-biomed)

## Web3 & Crypto

6

- [ThunderCore](https://millionrounds.com/company/thundercore)
- [TrustToken](https://millionrounds.com/company/trusttoken)
- [*K* Koinify](https://millionrounds.com/company/koinify)
- [*D* DDEX](https://millionrounds.com/company/ddex)
- [*H* HashFish](https://millionrounds.com/company/hashfish)
- [*N* Nineseals](https://millionrounds.com/company/nineseals)

## Gaming

5

- [*N* nice](https://millionrounds.com/company/nice)
- [nWay](https://millionrounds.com/company/nway)
- [Medal](https://millionrounds.com/company/medal)
- [*KD* Kaiheikeji Digital](https://millionrounds.com/company/kaiheikeji-digital)
- [*QX* Qianlong Xincheng](https://millionrounds.com/company/qianlong-xincheng)

## Foodtech

4

- [*CC* Chomp Cloud](https://millionrounds.com/company/chomp-cloud)
- [*RT* Ramen talk](https://millionrounds.com/company/ramen-talk)
- [Shuangqi Beverage Technology](https://millionrounds.com/company/shuangqi-beverage-technology)
- [VCLEANSE](https://millionrounds.com/company/vcleanse)

## Segment by segment

### AI

22 startups · $2.0B raised

- [**Cornerstone Robotics**](https://millionrounds.com/company/cornerstone-robotics) Cornerstone Robotics is a Hong Kong-based medical robotics company founded in 2019. Hong Kong SAR China $970M
- [**Enflame**](https://millionrounds.com/company/enflame) Enflame, officially known as Shanghai Enflame Technology Co., Ltd., is a Chinese AI semiconductor company based in Shanghai. China $274M
- [**Moffett AI**](https://millionrounds.com/company/moffett-ai) Moffett.AI, founded in 2018, is a sparse computing company that specializes in designing AI accelerator chips and next-generation China $150M
- [**Xbiome**](https://millionrounds.com/company/xbiome) Xbiome is a developer of microbial pharmaceuticals designed to treat microecological intestinal disorders. China $100M
- [**Advance Intelligence Group**](https://millionrounds.com/company/advance-intelligence-group) Founded in 2016, Advance Intelligence Group is an AI-native financial and data platform, enabling easy and fair access to financia Singapore $80M
- [*MA* **Manus AI**](https://millionrounds.com/company/manus-ai) China $75M
- [**Validere**](https://millionrounds.com/company/validere) Validere is on a mission to better human prosperity by making the energy supply chain efficient and sustainable. Canada $50M
- [**HPC-AI Technology**](https://millionrounds.com/company/hpc-ai-technology) HPC-AI Technology provides a cloud-based platform to enhance AI computations by increasing CPU and GPU processing speeds. Singapore $50M

### Edtech

15 startups · $256M raised

- [*Z* **Zhangtongjiayuan**](https://millionrounds.com/company/zhangtong-jiayuan) Zhang Tong Jia Yuan is a high-tech enterprise specializing in R & D management platform. China $115M
- [**Duia**](https://millionrounds.com/company/duia) Duia is an education enterprise for online live learning. - $28M
- [*XE* **Xiaoyang Edu**](https://millionrounds.com/company/xiaoyang-edu) Xiaoyang Edu is an education company that offers smart education services. China $22M
- [**Securly**](https://millionrounds.com/company/securly) Securly is a student safety platform that designs for cyber compliance services. United States $21M
- [**Koala Reading**](https://millionrounds.com/company/koala-reading) Koala Reading is a children's reading app platform. China $20M
- [**Magic Ears**](https://millionrounds.com/company/magic-ears) Magic Ears provides online immersive English language education to children in China. - $19M
- [**Best Learning English**](https://millionrounds.com/company/best-learning-english) Best Learning English is a full immersion English training institute established in 2008 in China. China $16M
- [**Minerva Project**](https://millionrounds.com/company/minerva-project) Minerva Project is designed to prepare students for leadership and innovation, combining liberal arts and sciences curriculum. United States $3.1M

### Consumer Apps

13 startups · $435M raised

- [*LS* **Luoji Siwei**](https://millionrounds.com/company/luoji-siwei) Luoji Siwei, a China-based talk show, provides a mobile app which allows users to subscribe to learn from key opinion leaders (KOL - $142M
- [*LL* **Loji Logistics**](https://millionrounds.com/company/loji-logistics) Loji is a logistics app that uses Big Data to optimize delivery opportunities for truck drivers in China. - $126M
- [**Laiye**](https://millionrounds.com/company/laiye) Laiye, also known as Laiye Technology, is a Beijing-based software company founded in 2015. China $74M
- [**Apricot Forest**](https://millionrounds.com/company/apricot-forest) 杏树林(Apricot Forest),全称杏树林信息技术(北京)有限公司,成立于2011年,是一家位于北京的互联网医疗企业。公司专注于为医学专业人士开发移动应用和提供创新的医患一体化服务平台,旨在提升医生的工作效率和医疗体系的整体效能。杏树林的名称源于晋代名 China $32M
- [*L* **LOOK**](https://millionrounds.com/company/look) China $24M
- [**Delectable**](https://millionrounds.com/company/delectable) Delectable is a critically-acclaimed mobile app that helps users find, buy, learn, record and share wines worth remembering United States $10M
- [**Habby**](https://millionrounds.com/company/habby) Habby is a mobile game publisher looking to publish iOS and Android titles globally. - $6.5M
- [**Xiaodaka**](https://millionrounds.com/company/xiaodaka) xiaodaka is a community and social platform from China that focuses on interest-based interactions. China $5.1M

### Internet

12 startups · $620M raised

- [**Club Factory**](https://millionrounds.com/company/club-factory) Club Factory is a cross-border e-commerce marketplace based in Hangzhou, China. China $200M
- [*X* **Xiaoqule**](https://millionrounds.com/company/xiaoqule) Xiaoqule is an e-commerce platform that offers apparels, footwear, beauty products, mobile phones, and computer accessories. China $108M
- [**TOGO**](https://millionrounds.com/company/togo) Togo ayuda a restaurantes, tiendas, minimarkets y comercios a automatizar la atención y gestionar pedidos mediante WhatsApp. China $90M
- [*TG* **The Good Stuff**](https://millionrounds.com/company/the-good-stuff) China $70M
- [*X* **Xiangwushuo**](https://millionrounds.com/company/xiangwushuo) Xiangwushuo is an online platform intended to offer services related to second-hand goods sharing. China $65M
- [*FW* **Ferris Wheel Ticketing**](https://millionrounds.com/company/ferris-wheel-ticketing) China $40M
- [**Ergeng**](https://millionrounds.com/company/ergeng) Er Geng is a Chinese media startup. China $19M
- [**Kapwing**](https://millionrounds.com/company/kapwing) Kapwing is a cloud-native video creation and editing platform based in San Francisco, founded in 2017 by Julia Enthoven and Eric L United States $13M

### IT Services

10 startups · $120M raised

- [**Menusifu**](https://millionrounds.com/company/menusifu) MenuSifu is a North American SaaS company founded in 2013 and based in New York City. United States $43M
- [**Meican**](https://millionrounds.com/company/meican) 美餐 (Meican) is a prominent corporate catering platform in China, established in 2011 and operating under Beijing Qingsong Meican T China $33M
- [**Moying Robotics**](https://millionrounds.com/company/moying-robotics) Moying Robotics is an enterprise that focuses on the development of mobile collaborative robots and application integration systems. - $14M
- [**ImageDT**](https://millionrounds.com/company/imagedt) ImageDT, also known as Guangzhou Tujiang Data Technology Co., Ltd., is an AI business service provider based in Guangzhou, founded in 2016. China $10M
- [**Leiphone.com**](https://millionrounds.com/company/leiphone-com) Leiphone.com is a technology information service platform that offers media content in a digital format. - $7.6M
- [**Yongan Online**](https://millionrounds.com/company/yongan-online) Yongan Online, officially known as Shenzhen Yongan Online Technology Co., Ltd., is a cybersecurity company based in Shenzhen, China. China $5.6M
- [**MailTime**](https://millionrounds.com/company/mailtime) MailTime is a mobile email-messaging company that aims to simplify email communication by transforming it into a chat-style experience. United States $3.2M
- [*DB* **DIYI BOX**](https://millionrounds.com/company/diyi-box) DIYI BOX provides solutions for various express delivery methods. - $2.9M

### E-commerce

9 startups · $562M raised

- [**Xiaohongshu**](https://millionrounds.com/company/xiaohongshu) Xiaohongshu, also known as RedNote or Little Red Book, is a prominent Chinese social networking and e-commerce platform founded in China $318M
- [*I* **Inagora**](https://millionrounds.com/company/inagora) Inagora is an e-commerce site that provides cross-border e-commerce, content creation, marketing, logistics, and payment services. China $116M
- [*S* **Snowplus**](https://millionrounds.com/company/snowplus) China $42M
- [**Hugepod**](https://millionrounds.com/company/hugepod) HugePOD is a print-on-demand, dropshipping, and wholesale service specializing in apparel and fashion-related ecommerce. China $40M
- [**Kuanduoduo**](https://millionrounds.com/company/kuanduoduo) Kuanduoduo is a quanduo supply chain platform. - $24M
- [*F* **Fuliaoyi**](https://millionrounds.com/company/fuliaoyi) Fuliaoyi is a SaaS-based platform that provides supply chain management solutions for the textile industry. China $15M
- [*D* **Dahezi**](https://millionrounds.com/company/dahezi) Dahezi is an e-commerce platform for women's wear. - $3.0M
- [*CX* **Chaoneng Xiaohei**](https://millionrounds.com/company/chaoneng-xiaohei) Chaoneng Xiaohei is a pet fresh grain e-commerce provider - $3.0M

### Entertainment

7 startups · $88M raised

- [**CastBox**](https://millionrounds.com/company/castbox) Castbox is a global spoken audio platform founded in 2016 and based in Hong Kong, with additional offices in San Francisco and Beijing. United States $45M
- [*SL* **Shanghai Lihuh Network Technology**](https://millionrounds.com/company/shanghai-lihuh-network-technology) Shanghai Lihuh Network Technology is a video platform operator. - $20M
- [**BOLO**](https://millionrounds.com/company/bolo) Óbolo is a facility management firm that provides cleaning, maintenance, and hospital services for private companies and public entities. - $15M
- [**ahaschool**](https://millionrounds.com/company/ahaschool) Ahaschool is a company based out of 浦东新区龙阳路2277号一层101(汽车博物馆)-14室, 上海, 上海, China. United States $4.4M
- [**Prizeo**](https://millionrounds.com/company/prizeo) Prizeo is a leading online sweepstakes-for-good platform that mobilizes celebrity fan bases by offering the chance to “give small United States $2.5M
- [*S* **Startor**](https://millionrounds.com/company/startor) Startor is a Media & Entertainment company. - $1.5M
- [*DK* **Dawei Keji**](https://millionrounds.com/company/dawei-keji) Dawei Keji is a network game developer company. China $436K

### Fintech

7 startups · $294M raised

- [*A* **Advance.ai**](https://millionrounds.com/company/advance-ai) Singapore $137M
- [*TB* **Tiger Brokers**](https://millionrounds.com/company/tiger-brokers) China $110M
- [*9* **91duobaoyu.com**](https://millionrounds.com/company/91duobaoyu-com) China $13M
- [**Republic**](https://millionrounds.com/company/republic) Communities need mapping tools that help them make decisions - that provide context and help communicate the information that matters. United States $12M
- [**iPeakoin**](https://millionrounds.com/company/ipeakoin) iPeakoin is a Singapore-based digital banking platform that provides solutions such as cash flow and digital asset management for Singapore $10M
- [**Citcon**](https://millionrounds.com/company/citcon) CITCON is a global mobile wallet payment provider and fintech platform that facilitates cross-border commerce by connecting busine United States $9.8M
- [**TransferEasy**](https://millionrounds.com/company/transfereasy) TransferEasy is an internet-based financial services company that offers remittance solutions for import and export businesses. - $3.0M

### Biotech

7 startups · $215M raised

- [*S* **SpeeDx**](https://millionrounds.com/company/speedx) Australia $122M
- [*1S* **12 Sigma**](https://millionrounds.com/company/12-sigma) United States $30M
- [**Redesign Science**](https://millionrounds.com/company/redesign-science) Redesign Science is a biotechnology company based in New York that specializes in computational drug discovery. United States $17M
- [**Delonix Bioworks**](https://millionrounds.com/company/delonix-bioworks) Delonix Bioworks is a biotech company based in Shanghai, China, specializing in the development of genetically engineered bacterial vaccines. China $14M
- [**Abc clinic butler**](https://millionrounds.com/company/abc-clinic-butler) Abc clinic butler is a smart clinic butler service provider. China $14M
- [**Meliora Therapeutics**](https://millionrounds.com/company/meliora-therapeutics) Meliora Therapeutics is a biotechnology company based in San Francisco, founded in 2021. United States $11M
- [**Salus BioMed**](https://millionrounds.com/company/salus-biomed) Salus Biomed, officially known as Shenzhen Salus Biomed Technology Co., Ltd., is a biotechnology company founded in October 2020 a China $7.0M

### Web3 & Crypto

6 startups · $78M raised

- [**ThunderCore**](https://millionrounds.com/company/thundercore) ThunderCore is a high-performance public blockchain founded in 2017 in Silicon Valley by Chris Wang and researchers from Cornell University. United States $50M
- [**TrustToken**](https://millionrounds.com/company/trusttoken) TrustToken is a financial company that provides reinventing financial infrastructure services. United States $20M
- [*K* **Koinify**](https://millionrounds.com/company/koinify) Koinify provides a platform for game and app developer to crowdfund by issuing their own cryptocurrency. United States $2.5M
- [*D* **DDEX**](https://millionrounds.com/company/ddex) The most user-friendly decentralized exchange for Ethereum-based tokens. - $2.1M
- [*H* **HashFish**](https://millionrounds.com/company/hashfish) HashFish provides bitcoin mining software and services. - $1.8M
- [*N* **Nineseals**](https://millionrounds.com/company/nineseals) Nineseals is a Blockchain based company. - $1.5M

### Gaming

5 startups · $118M raised

- [*N* **nice**](https://millionrounds.com/company/nice) NICE is a smart and grip strength game and product developer. China $64M
- [**nWay**](https://millionrounds.com/company/nway) nWay develops and publishes online mobile multiplayer games. United States $20M
- [**Medal**](https://millionrounds.com/company/medal) Medal is a technology company that specializes in capturing, editing, and sharing short-form gaming content across various platfor Netherlands $17M
- [*KD* **Kaiheikeji Digital**](https://millionrounds.com/company/kaiheikeji-digital) Kaiheikeji Digital is a Chinese online game sparring service platform. China $15M
- [*QX* **Qianlong Xincheng**](https://millionrounds.com/company/qianlong-xincheng) Qianlong Xincheng provides fun and entertainment for the younger generation of game users. - $1.5M

### Foodtech

4 startups · $38M raised

- [*CC* **Chomp Cloud**](https://millionrounds.com/company/chomp-cloud) China $23M
- [*RT* **Ramen talk**](https://millionrounds.com/company/ramen-talk) Ramen Talk produces ready-to-cook ramen with long-simmered broth and packaged noodles for home preparation. China $13M
- [**Shuangqi Beverage Technology**](https://millionrounds.com/company/shuangqi-beverage-technology) Shuangqi Beverage Technology is a beverage production company engaged in manufacturing ready-to-drink beverage products. - $1.6M
- [**VCLEANSE**](https://millionrounds.com/company/vcleanse) VCLEANSE is a healthy foods and lifestyle company dedicated to making delicious foods that help you renew, rejuvenate, and reach y China $480K

**How this map is made.** Every startup here has raised money in a round we track that names ZhenFund as an investor, the first in 2012. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

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